ELMIR SERVICES: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
ELMIR SERVICES
Largest movements
- Receivables within one year -€11,820
down €11,820 (-11.1%), from €106,727 to €94,907
of which Trade receivables: -€21,984
- Trade debts -€34,385
down €34,385 (-50.3%), from €68,355 to €33,970
- Profit (loss) carried forward +€25,987
up €25,987 (+66.6%), from €39,009 to €64,996
- Current portion of long-term debt -€2,609
no longer reported in 2025 (was €2,609)
- Gross operating margin +€21,946
up €21,946 (+64.7%), from €33,936 to €55,881
- Taxes +€7,443
up €7,443 (+165.1%), from €4,509 to €11,952
- Staff costs +€4,387
up €4,387 (+66.8%), from €6,567 to €10,955
- Other operating charges -€3,319
down €3,319 (-45.9%), from €7,223 to €3,904
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €135,374 | €123,744 | -€11,630 | -8.6% |
| Fixed assets | 21/28 | €4,628 | €4,418 | -€211 | -4.6% |
| Tangible fixed assets | 22/27 | €3,378 | €3,168 | -€211 | -6.2% |
| Plant, machinery and equipment | 23 | €1,142 | €1,656 | +€514 | +45.0% |
| Furniture and vehicles | 24 | €2,236 | €1,511 | -€725 | -32.4% |
| Financial fixed assets | 28 | €1,250 | €1,250 | = | 0.0% |
| Current assets | 29/58 | €130,746 | €119,326 | -€11,419 | -8.7% |
| Amounts receivable within one year | 40/41 | €106,727 | €94,907 | -€11,820 | -11.1% |
| Trade receivables | 40 | €52,674 | €30,690 | -€21,984 | -41.7% |
| Other amounts receivable | 41 | €54,053 | €64,217 | +€10,164 | +18.8% |
| Cash at bank and in hand | 54/58 | €24,019 | €24,420 | +€401 | +1.7% |
| Total equity and liabilities | 10/49 | €135,374 | €123,744 | -€11,630 | -8.6% |
| Equity | 10/15 | €42,009 | €67,996 | +€25,987 | +61.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €39,009 | €64,996 | +€25,987 | +66.6% |
| Amounts payable | 17/49 | €93,365 | €55,749 | -€37,617 | -40.3% |
| Amounts payable within one year | 42/48 | €93,365 | €55,749 | -€37,617 | -40.3% |
| Current portion of amounts payable after more than one year | 42 | €2,609 | - | -€2,609 | |
| Trade debts | 44 | €68,355 | €33,970 | -€34,385 | -50.3% |
| Suppliers | 440/4 | €68,355 | €33,970 | -€34,385 | -50.3% |
| Taxes, remuneration and social security | 45 | €22,402 | €21,779 | -€623 | -2.8% |
| Taxes | 450/3 | €8,345 | €18,028 | +€9,683 | +116.0% |
| Remuneration and social security | 454/9 | €14,057 | €3,751 | -€10,306 | -73.3% |
| Remuneration, social security and pensions | 62 | €6,567 | €10,955 | +€4,387 | +66.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,464 | €1,367 | -€97 | -6.6% |
| Other operating charges | 640/8 | €7,223 | €3,904 | -€3,319 | -45.9% |
| Gross operating margin | 9900 | €33,936 | €55,881 | +€21,946 | +64.7% |
| Operating profit (loss) | 9901 | €18,682 | €39,656 | +€20,974 | +112.3% |
| Financial income | 75/76B | €0 | €0 | -€0 | -70.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -70.0% |
| Financial charges | 65/66B | €1,396 | €1,718 | +€321 | +23.0% |
| Recurring financial charges | 65 | €1,396 | €1,718 | +€321 | +23.0% |
| Profit (loss) for the period before taxes | 9903 | €17,285 | €37,938 | +€20,653 | +119.5% |
| Income taxes | 67/77 | €4,509 | €11,952 | +€7,443 | +165.1% |
| Profit (loss) for the period | 9904 | €12,777 | €25,987 | +€13,210 | +103.4% |
| Profit (loss) for the period to be appropriated | 9905 | €12,777 | €25,987 | +€13,210 | +103.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.